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Title:The effect of socio-economic determinants on crime rates: An empirical research in the case of Greece with cointegration analysis PDF Logo
Authors:Nikolaos, Dritsakis
Alexandros, Gkanas
Issue Date:2009
Citation:[Journal:] International Journal of Economic Sciences and Applied Research [ISSN:] 1791-3373 [Volume:] 2 [Year:] 2009 [Issue:] 2 [Pages:] 51-64
Abstract:The present paper analyzes the relationship between the criminal offences, the function of the justice system and some of their socio-economic determinants in the case of Greece by estimating their dynamic interactions. The analysis covers the period 1971-2006 and the cointegration methodologies of Johansen (1988) and Johansen-Juselius (1990, 1992) are applied to the VAR model. From the cointegration results, a cointegrating vector is shown among total offences, convicted persons and socio-economic variables. Moreover, Error Correction Models are estimated for the short-run dynamics of the explanatory variables and their convergence to a long-run equilibrium state.
socioeconomic determinants
error correction model
Document Type:Article
Appears in Collections:International Journal of Business and Economic Sciences and Applied Research (IJBESAR)

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